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Technical analysis by ADrainD about Symbol BTC on 12/4/2022

https://sahmeto.com/message/3334811

BTC Macro Halvings interpolated - 2020 cycle LOW is IN days away

Neutral
Price at Publish Time:
$16,963.66
،Technical،ADrainD

Fib time from previous cycles says - 2020 cycle LOW is IN or days away (by the end of 2022). The interpolations says: MAY-JUNE 2023 - BTC at 45 000 $ to 48 000 $ FEB-MAR 2024 - BTC at 15 000 $ to 16 000 $ NOV 2025 - BTC at more than 100 000 $ ':)So far so good ! Check the comments for som nice Resemblance between 2020 post co_Rona Bull Run !If judged by time it seem 31 K was the top for now. Now side ways and down to retest the lows at 16 K.FIB time is lagging comparing it to previous cycle. Back to original plan 44-45 K next wicks to 47 K.49K got hit (big POC). Some profit tacking played out at that level. Now to see if the ETF FOMO and/or the probable presence of shorts for a squeeze will boosts BTC prices and deny any further tests lower...Looks like a bottom here 50 - 55 K. Some consolidation and then on route for the 2025 target !!!

Source Message: TradingView
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